New Delhi: Not all taxpayers need to obtain a certificate confirming that no liabilities exist either under the Income Tax Act, 1961, or the Black Money (Undisclosed Foreign Income and Assets) and ...

For instance, if your TDS liability was ₹20,000 but your income fell within the no-tax slab, the certificate ensured that no tax was deducted in the first place.. 🔁 What’s Changing Under ...

The Finance (No.2) Act, 2024, has made only an amendment in Section 230(1A) of the Act, vide which, reference of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act ...